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FORECAST INTERNATIONAL RELEASES VERSION 3.1 OF ITS PLATINUM FORECAST SYSTEM
Dec 07, 2016
BUSINESS JET MARKET TO RESUME POSITIVE GROWTH TREND
Oct 31, 2016
SHORT-TERM GROWTH PROJECTED FOR LIGHT MILITARY ROTORCRAFT MARKET
AIRBUS HELICOPTERS TO LEAD MARKET

Oct 13, 2016
FORECAST INTERNATIONAL PREDICTS A WORLD MARKET FOR 5,480 INDUSTRIAL POWER GENERATING GAS TURBINE ENGINES WORTH $105 BILLION OVER THE NEXT 10 YEARS
Oct 05, 2016
REGIONAL AIRCRAFT MARKET STABILIZING; LONG-TERM GROWTH PROJECTED
Sep 23, 2016
FORECAST INTERNATIONAL: INSATIABLE DEMAND FOR DATA AND CONNECTIVITY DRIVE COMMERCIAL SATELLITE MARKET
Sep 12, 2016
GLOBAL DEFENSE MARKET ON UPSWING AS ASIA SPEARHEADS GROWTH
Sep 08, 2016
FROM CIVIL DISOBEDIENCE TO TOTAL WAR – THE FLOW OF INFORMATION REMAINS PROFITABLE
Sep 01, 2016
FORECAST INTERNATIONAL: 15-YEAR WORLD AVIATION GAS TURBINE MARKET WORTH A STAGGERING $1.2 TRILLION
Aug 22, 2016
FORECAST INTERNATIONAL PROJECTS NAVAL RADAR MARKET WORTH MORE THAN $13 BILLION OVER 10 YEARS
Jul 18, 2016
SMALLSATS PLAY GROWING ROLE IN $29 BILLION REMOTE SENSING SATELLITE MARKET
Jul 13, 2016
FORECAST INTERNATIONAL: F-35 LIGHTNING II TO DOMINATE FIGHTER MARKET
Jul 12, 2016
FORECAST INTERNATIONAL PROJECTS $2.74 TRILLION LARGE JETLINER MARKET OVER NEXT 10 YEARS
Jul 11, 2016
FORECAST INTERNATIONAL EXPECTS AIRBUS AND BOEING BACKLOGS WILL DECLINE IN 2016
Jun 16, 2016
U.S. NAVY'S NEXT-GEN JAMMER TO LEAD 10-YEAR, $5 BILLION ELECTRONIC ATTACK MARKET
Jun 06, 2016
ELECTRONICS CONTINUE TO DOMINATE THE LANDSCAPE, WHILE SLEP LOOMS AS A PRIORITY FOR THE FIGHTER/ATTACK/TRAINER R&M MARKET
May 09, 2016
FORECAST INTERNATIONAL SEES SYRIAN CONFLICT DRIVING NEIGHBORS' SECURITY POSTURES
Mar 28, 2016
U.S. DEFENSE ELECTRONICS – SIGNS OF GROWTH AS BUDGETS REMAIN TIGHT
Mar 21, 2016
FORECAST INTERNATIONAL: CHANGES IN COMPETITIVE LANDSCAPE HIGHLIGHT MEDIUM/HEAVY MILITARY ROTORCRAFT MARKET
Feb 22, 2016

Press Release

Contact: Douglas Royce
Phone: (203) 426-0800
Fax: (203) 426-4262
Web site: www.forecastinternational.com
E-mail: douglas.royce@forecast1.com
Forecast International, Inc.
22 Commerce Rd. Newtown, CT 06470 USA
 

FOR IMMEDIATE RELEASE

General Aviation/Utility Market Awaits Stronger Economies in U.S. and Europe


NEWTOWN, Conn. [October 3, 2011] In a new study titled "The Market for General Aviation/Utility Aircraft 2011-2020," Forecast International projects that general aviation and utility aircraft manufacturers will produce over 24,000 aircraft worth approximately $28 billion in the coming 10 years.

The Connecticut-based market research firm, which excluded the production of business jets and light sport aircraft from this study, notes that economic growth in the United States and Europe has undergone a period of slow growth since the end of the global financial crisis and recession. As the two regions represent the two primary markets for turboprop and piston-powered general aviation/utility aircraft, the tepid economic recovery in both areas has hurt growth in the general aviation market segment. Demand from other areas of the globe with higher economic growth, including emerging economies such as China, India, and Brazil, will not grow quickly enough to replace lost orders from customers in North America and Europe.

Production is forecast to climb slightly from 2011 through 2012, but the firm forecasts stronger growth starting in 2013, rising from a little over 1,900 aircraft in 2013 to more than 3,100 aircraft in 2020

Of the 24,385 aircraft forecast for production during 2011-2020, production of piston aircraft will account for just over 18,400 aircraft worth $8 billion. Production of turboprops will total almost 6,000 aircraft worth approximately $20.5 billion.

"There have been signs of strengthening demand in the piston market, but the increase has been from a very low base," said Douglas Royce, aerospace analyst at the company. "Getting production back to pre-recession levels will take years, if not the entire decade."

Forecast International, Inc. (www.forecastinternational.com) is a leading provider of Market Intelligence and Analysis in the areas of aerospace, defense, power systems and military electronics. Based in Newtown, Conn., USA, Forecast International specializes in long-range industry forecasts and market assessments used by strategic planners, marketing professionals, military organizations, and governments worldwide. To arrange an interview with Forecast International’s editors, please contact Ray Peterson, Vice President, Research & Editorial Services (203) 426-0800, ray.peterson@forecast1.com. Proprietary Special Research is also available. Contact Jonathan Watson, Managing Director, The Forecast Consulting Group (j.watson@forecast1.com). Questions regarding sales may be directed to sales@forecast1.com.



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